Home prices dipped slightly in July according to the S&P Case-Shiller 20-City Home Price Index. Year-over-year, home price growth dipped to 5.00 percent from June’s reading of 5.10 percent. The Pacific Northwest led the nation in home price appreciation. Portland, Oregon had the highest year-over-year home price growth with a rate of 12.40 percent. Seattle, Washington posted year-over-year home price growth of 11.20 percent. Denver, Colorado was third with a year-over-year home price growth rate of 9.40 percent.
3 Common Mistakes That First-time Mortgage Borrowers Make and How to Easily Avoid Them
Deciding to purchase a home will be one of the biggest investment decisions you’ll make in your life, but it can be confusing for the first-time home buyer to know all the ins and outs of buying a home. If you’re wondering what things first-time buyers often forget about before purchasing a home, here are three important things that you’ll want to keep in mind.
Understanding Appraisals and What to Do If Your Home Doesn’t Appraise for Its Purchase Price
It can be a bit of a surprise if your home turns out to be valued at less than the purchase price offered, but this is the type of thing that can occur in an appraisal situation. While this can change everything from your contract to the amount of your down payment, if your home has been appraised at less than you envisioned, here are some options you may want to consider.
What’s Ahead For Mortgage Rates This Week – October 3, 2016
Last week’s economic releases included reports on new and pending home sales, S&P Case-Shiller Home Price Indices and regularly scheduled weekly reporting on mortgage rates and weekly jobless claims. Readings on consumer sentiment and confidence were also released.
Moving with Children? Here’s How to Quickly Assess Whether a Community Is Family Friendly
If you’re looking for a home that’s in a family-friendly neighborhood, there are a few key things you can look for to make sure your new house is a good fit for both you and your children.
3 Things You Need to Consider Before Buying That Fixer-Upper Home
The idea of buying a home that will need a fair bit of renovating can seem like a great investment opportunity, but some renovations come with high prices and may actually end up costing you more than you think. If you’re trying to determine whether or not a fixer-upper is worth the cost, here are some important things to consider.
What Types of Coverage Are Included in Standard Home Insurance Policies? Let’s Take a Look
Every insurance policy is different and can provide certain levels of protection tailored towards the needs of the policy holder. However, there are some standard types of coverage that are included in most basic home insurance policies.
Credit Score Got You Concerned? Here’s 3 Ways to Get It Together
If you’re worried about your bad credit, you’ll want to do everything in your power to improve your rating as quickly as possible – especially if you are looking to purchase a home in the near future. Improving your credit rating can give you access to better interest rates on mortgages or even help you to get that job you’re after.
What’s Ahead For Mortgage Rates This Week – September 26, 2016
Last week’s economic news was abundant with releases on home builder sentiment, housing starts, building permits, sales of previously owned homes. The Federal Open Market Committee of the Federal Reserve released its customary statement at the conclusion of its meeting; Fed Chair Janet Yellen also gave a press conference. Weekly readings on new jobless claims and mortgage rates were released as usual.
Selling Your Home This Autumn? Try Boosting Your Curb Appeal with These Inexpensive Upgrades
Curb appeal is the first impression that your home will have on potential buyers, so it’s important to make it a good one. Try these simple budget upgrades to give your home the “WOW” factor that buyers are looking for!
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